Security Risks Draw Wealthy Families’ Attention

WSJ’s Elizabeth Moyer joins the News Hub with an inside look at how the wealthy protect their security and their assets. Photo: Getty.

This transcript has been automatically generated and may not be 100% accurate.

... the dangers from that era and how alter wealthy individuals are shelling out on all my cash to protect themselves from ... their stock or even for an ex employee here are the deatails is the law Street Journal's Liz Moyer when things famous for being here ... this isn't really interesting story ... the idea of what some of these ultra wealthy individuals are paying to protect themselves from ... other paying anywhere from four thousand ounces that stealing candy or a new caterer grounds keeper ... the TL ... fifty thousand dollars on a two to have caused a monetary of their financial information online no one has become a sandwich for popular now lot of the Stoxx thingy yet to do is ... hundreds of dollars to secure their travel itineraries in announcing this huge influx of requests to make your travel itinerary secure ... people are realizing that that lives are getting a lot more complex and is a lot more uncertainty going on in the world is ... in it and soon Middle East and intends to use ... I in you know Hotspot destinations like Brazil and other parts of Africa so people wanna be more secure because you like this is creating a whole cottage industry of around the security services though what kinds of companies are getting in on ... well it's everything from banks and wealth advisors Sudanese insurance companies that can provide property insurance to ... high net worth people see many ... small firms founded by former secret service agent ... the cost for some of the things we did gold full Monte it the whole thing done at the twenty thousand to fifty thousand dollars the year ... to a property protected if you want your data encrypted ... for a quarter of the people or pain for this a mean this isn't just your kind of run of the mill died making three hundred thousand boxy year ... now these are really people in the millions and tens of millions hundreds of millions of billion billion as people with multiple properties ... on the ... balance sheets I'll lot of steps to protect a lot of belongings ... people who have to trust other people to manage their affairs in their town around ... rates if you're making multibillion dollar hear lots of options for a day late thinks they much for being here think